EIA Sees Oil Deficit Widening in 2026
In its latest short term energy outlook (STEO), which was released on May 12, the U.S. Energy Information…
Aramco Raises Profit as Production Remains Stable despite Crisis
Saudi Arabian Oil Co (Aramco) on Sunday reported $33.59 billion in net income adjusted for nonrecurring items for…
USA Oil, Gas Workforce Shrinks in 7 of Last 10 Years
The number of employees in the oil and gas extraction industry has dropped in seven of the last…
Oil Falls on Renewed Iran Talk Hopes
Oil prices fell on fresh hopes that elusive peace talks between the US and Iran may materialize after…
Markets Whipsawed By Iran Conflict
Oil and gas whipsawed in post-settlement trading as US President Donald Trump extended a ceasefire with Iran even…
Energy Bosses Share Iran Anxieties at CERAWeek
Houston’s showpiece energy conference is usually an opportunity for backslapping and glad-handing. But this year executives are nervously…
Morningstar Predicts Likeliest Iran Outcome
A limited U.S. strike on Iranian military or nuclear targets is the likeliest outcome. That’s what Morningstar thinks,…
WTI, Brent Gain as Talks Ease Conflict Fears
Oil edged marginally higher after a choppy session as investors assessed the status of nuclear talks between the…
Analyst Explains ‘Massive Rise’ in USA NatGas Prices Today
In an exclusive interview with Rigzone on Monday, Ole R. Hvalbye, a commodities analyst at Skandinaviska Enskilda Banken…
Russian Oil and Gas Revenue Falls to Lowest in 5 Years
Russia’s revenues from its oil and gas industry, vital to financing its war in Ukraine, dropped to a…
Leviathan Group Gets More Time to Put into Force Enlarged Export Deal
The Chevron Corp-led Leviathan consortium and Blue Ocean Energy have agreed to extend the timeframe for the fulfillment…
QatarEnergy to Supply LNG to Egypt for Summer
QatarEnergy said Sunday it had signed a deal with Egyptian Natural Gas Holding Co to supply up to…